Basic Business Law CSR Allied Bank limited

2. Members
• Muhammad Shahzaib
• Nouman Asif
• Chaudary Farhan
• Sheikh Ehtisham
• Hamza Amir

3. Topic
Ethics and law

4. Ethics
• The moral guidelines set, put forth
and followed by an individual
towards his society.

5. Business Ethics
• The way a business should behave--
how a business does what it is legally
obligated to do.
• This is to create an environment of
personal accountability within the
business, where there is none under
the law.

6. History of Business Ethics
• Business ethics used to be looked
at from the religious point of view
until the 1960’s when an anti-
business attitude began to emerge
• In 1962 the President John F
Kennedy presented a Consumer’s
Bill of Rights on protecting
consumer interest.

7. Continue…
• In 1970’s social responsibility
concept prevails it is the
responsibility of a business
organization to maximize its
benefits to all stakeholders with
minimal negative social impact.

8. Current Business Ethics
Trend
Corporate social responsibility
• It is initiatives to assess and take
responsibility for the company's
effects on environmental and
social wellbeing.

9. Enron Ethical Issues
• A lot of business fails due to
unethical activities.
• Enron a energy firm. Its stock had
grown quickly, and the board of
directors was satisfied with
management. It was discovered,
however, that management was
keeping two sets of books, hiding
billions of dollars worth of debt.

10. Nike Ethical Issues
• A well known sport brand
• Labor are not enough treated well
they work for hours in
temperatures well over the legal
limit of 90 degrees.

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• It does use leather, wool and down
feather without specifying sources,
which is problematic as the welfare
of animals and workers is unknown
and is not guaranteed.

12. Law
• Law is a system of rules that are
created and enforced through social
or governmental institutions to
regulate behavior.
• Legal system that comprises of rules
and principles set by the ruling
authority to govern over the affairs
of the community.

13. Business Law
• The law that applies to business
entities, such as partnership and
corporations. Business law regulates
the business and bound it to follow
the existing policies of business

14. Basic Business Law
• Companies law
• Corporate law
• Consumer protection
• Contract law
• Intellectual property law

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• Copyright law
• Patent law
• Trademark law
• International trade law
• Labour law

16. Corporate Law
• Its regulate how corporations,
investors, shareholders,
employees, creditors, and
other stakeholders such
as consumers, the community, and
the environment interact with one
another.

17. Consumer Protection Law
• Consumer protection is a group of
laws and organizations designed to
ensure the rights of consumers.
• The laws are designed to prevent
the businesses that engage
in fraud or specified unfair
practices from gaining an
advantage over competitors.

18. Contract Law
• A contract is a arrangement
between two or more parties that
is enforceable by law as a binding
legal agreement.

19. Copyright Law
• Copyright is a legal right created
by the law of a country that grants
the creator of an original
work exclusive rights for its use
and distribution

20. Labor Law
• labor law concerns employees'
rights at work and through
the contract for work.
• Its mediates the relationship
between workers, employing
entities, trade unions and the
government.

21. Difference
Law:
• These are ethic
codes that people
are required to
obey.
• These are rules
stated by the
government to
balance the society.
Ethics:
• These are moral
codes that
everyone must
conform too.
• These are rules of
conduct of an
individual.

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• It is enforced on
the people.
• It directly states
of what is right
and what is
wrong.
• it needs to be
published.
• It comes from
within an
individual.
• A person decides
to what is right
and what is
wrong.
• It need not be
published.

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• It is consistent.
• It needs to be
obeyed
• There is valid
punishment for
breaking the law.
• It may or may not
be consistent.
• It is not
necessary to
obey.
• There is no
punishment for
defying one’s
ethics.

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• Law is judged by
judicial standards.
• These are made
by using ethics as
a guiding principal.
• Laws depend on
the country, state
and the place of
the crime.
• Ethical behavior is
judged by moral
standards.
• These come from
within a person by
his moral values.
• Ethics are universal
and can be applied
anywhere, all over
the world.

25. Conclusion
• Ethics are norms values its depend
on a person whether he apply it to
his business or not.
• But Business Law are rules made
by government and every business
entity have to follow it.